OPEC and the Global Market

 Chapter 7 of your International Economics textbook, Carbaugh (2019) provides a historical account of OPEC and its power in controlling the global petroleum supply. In a critical essay, investigate the dynamics OPEC has faced in the global market in the last ten years. You may select a member country and analyze the effects from the perspective of that jurisdiction. Think positively about OPEC role. Support your findings with additional academic references. Directions: ● Your essay is required to be four to five pages in length, which does not include the title page and reference pages, which are never a part of the content minimum requirements. ● Support your submission with course material concepts, principles, and theories from the textbook and at least three scholarly, peer-reviewed journal articles. Use a Digital Library to find your resources. ● Use academic writing standards and follow APA style guidelines.